Plan Ledger DOL Form 5500 · updated monthly

The Robert D. Olson Corporation401(k)

THE ROBERT D. OLSON CORPORATION 401(K) PROFIT SHARING PLAN · IRVINE, CA · plan year 2024

Reported admin expense ratio · 2024
0.20%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

The Robert D. Olson Corporation reported $58,003 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $2,914 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.19% to 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 2,700th-largest of 9,483 plans among California employers on file, and the 1,544th of 5,337 in construction. In 2024, employees put in $4.13 for every $1.00 the employer contributed; active participation has shrunk from 110 to 95 since 2022.

Plan summary
Net assets, end of year$29,635,964
Participants with balances121
Active participants95
Employer contributions$276,783
Employee contributions$1,141,747
Employer contribution per active participant$2,914
Average account balance$244,925
Benefits paid to participants$2,990,574
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.6M · 121 accts · $277K emplr
2023$28.0M · 125 accts · $278K emplr
2022$24.8M · 134 accts · $282K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,838
Investment management$41,165
Total administrative$58,003
The The Robert D. Olson Corporation 401(k) match · 2024
Employer contribution per active participant$2,914
Median for plans this size$2,416
2024$2,914 per active participant
2023$2,620 per active participant
2022$2,560 per active participant

The Robert D. Olson Corporation's 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$25,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$16,838
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$16,113

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$58,003 · 0.20%
2023$54,087 · 0.20%
2022$44,243 · 0.19%
Similar plansConstruction · California
Mechanical Holdings, Inc. CA$30.8M · 0.02%
McH Electric, Inc. CA$30.1M · 0.01%
Kinetic Systems, Inc. CA$29.8M · 0.29%
R.D.M. Electric Co., Inc. CA$29.5M · 0.33%
Largo Concrete, Inc. CA$29.2M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330054711 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.